Fifth Third Bank wire transfer: Fee, Rate and Transfer Limit [2025 Guide]
Established in 1858, Fifth Third Bank is now one of the largest consumer banks in the US Midwest, with over 1,100 branches across 10 states. It has around 2.7 million digital banking customers.
If you’re planning on sending an international money transfer with Fifth Third Bank, you may want to have a look at costs, rates and extra fees, as it may not necessarily be the best or cheapest option out there.
In this guide, we’ll cover everything you need to know about overseas wire transfers with Fifth Third Bank, including fees. We’ll even look at some alternatives, like Wise or OFX, that could work out cheaper, faster and easier to use, so that you can make an informed choice before sending money internationally.
Table of Contents
- Key points: Fifth Third Bank international wire transfer
- Fifth Third Bank international money transfer comparison
- Fifth Third Bank international wire transfer fees
- Fifth Third Bank exchange rates
- Need a cheaper alternative?
- How long does an international money transfer with Fifth Third Bank take
- Fifth Third Bank international transfer limit
- How to make an international transfer with Fifth Third Bank
- How to receive an international transfer with Fifth Third Bank
- Fifth Third Bank contact information
- Conclusion & FAQs
Key points: Fifth Third Bank international wire transfer
- Transfer fees: Fees for international wire transfers range from $45 to $85 USD, while incoming international wires have a $15 fee.
- Speed of transfer: International wires can take anywhere between 1 to 5 business days if the payment is sent through the SWIFT network.
- Transfer limits: Fifth Third Bank does not publicly disclose its transfer limits. Customers should contact the bank for details on large transactions.
- Exchange rates: Fifth Third Bank sets its own foreign exchange rates for international transfers, and adds a markup on top of the mid-market rate.
- Alternatives: If you need lower fees, faster transfers, or better exchange rates, services like Wise, OFX, and TorFX provide transparent pricing and online convenience.
Fifth Third Bank international money transfer comparison
Before deciding on a provider for your international transfer, it’s important to consider the total cost—not just the upfront transfer fee. Many banks and providers advertise low or even “free” transfers, but they often add a markup to the exchange rate, making the transfer more expensive overall.
Before we do anything else, let’s see how much it would cost to send a hypothetical transfer of $1,000 in USD to Canada with Fifth Third Bank versus specialist providers:
| Provider | Fee | Time | Total cost |
|---|---|---|---|
| Fifth Third Bank | 85 USD + exchange rate markup | 1-5 working days | 85 USD + exchange rate mark-up/additional commissions |
| Wise | 5.76 USD | instant-2 working days | 5.76 USD |
| Remitly | 1.99 + exchange rate markup | Express payments can be instant, Economy payments can take several days | 1.99 + exchange rate markup |
| WorldRemit | 2.99 USD + exchange rate markup | up to 2 working days | 2,99 USD + exchange rate markup |
| OFX | No fee + exchange rate markup | Same day – 3 working days | No fee + exchange rate markup |
Information correct as of 28th February 2025
As you’ll have seen from the table, sending money internationally with Fifth Third Bank can be more expensive and can take longer than with other providers.
For example, Wise is one of the few providers in this table that transparently shows the full fees for the comparison and uses the mid-market exchange rate, the one you might also see on Google, with no mark-up added.
You can do a full provider comparison using the Exiap comparison calculator.
Fifth Third Bank international wire transfer fees
Here are the main fees you need to know about when sending money internationally with Fifth Third Bank:
| Wire transfer | Fee |
|---|---|
| International transfer in USD | $85 USD |
| International transfer in foreign currency | $50 USD |
| Incoming wire transfer | $15 USD |
Information correct as of 28th February 2025
There may also be other costs, such as fees charged by intermediary banks, and taxes to pay depending on the country you’re sending to, what type of account you have and who pays the fees (you or the recipient).
Fifth Third Bank exchange rates
When you’re sending payments from one currency to another (i.e. USD to CAD), the bank will usually apply the exchange rate of its choice. This is likely to differ from the mid-market rate, which is the rate you might see on Google. It’s also the rate that banks use when trading with each other.
Fifth Third Bank sets its own foreign exchange rates for international transfers, and adds a markup on top of the mid-market rate.
Here’s what the bank says about it themselves:
“Any transaction we conduct for you in a foreign currency will use a foreign exchange rate determined by us at our sole discretion. The foreign exchange rate we use will include a spread and may include costs or commissions that we, any Bank Affiliates or our vendors charge in providing foreign currency exchange to you.”
Ultimately, what this means is that it could cost you more to send a wire transfer overseas, and your recipient could receive less. Even a small difference in the exchange rate can have a big impact—for example, a 1% difference on a $1,000 transfer means your recipient gets $10 less.
However, some services, such as Wise, offer the mid-market exchange rate with no markup, instead charging a low, transparent fee upfront.
Price comparison for sending $1,000 USD to EUR:
- Fifth Third Bank: $85 transfer fee + exchange rate markup
- Wise: $5.48 transfer fee + mid-market exchange rate (no markup)
- Remitly: $1.49 transfer fee + exchange rate markup
- WorldRemit: No transfer fee + exchange rate markup
- OFX: No transfer fee + exchange rate markup
Fifth Third Bank additional fees
When sending an international wire transfer with Fifth Third Bank, there may be other costs to pay on top of the initial transfer fee. And of course, once you’ve factored in the margin on the mid-market exchange rate.
Like many banks, Fifth Third Bank is likely to use the SWIFT international payment network when sending money overseas. Using SWIFT, your wire transfer may not go directly to the recipient’s bank. Instead, it could follow a route involving multiple intermediary banks, and each of these may charge their own fee. These charges aren’t levied by Fifth Third Bank, but you (or your recipient) will still have to pay them.
| Fifth Third Bank international transfer | Additional fees |
|---|---|
| Stop a transfer | 33 USD |
Information correct as of 28th February 2025
Need a cheaper alternative?
Even if you’re a Fifth Third Bank customer, you have options for sending money internationally cheaper and faster. Specialist online providers often offer lower fees, better exchange rates, and quicker transfers than banks, all while allowing you to complete transactions conveniently online wherever you are.
Let’s take a look at a few of the alternatives to Fifth Third Bank, to see if you could save money on your international transfer.
All the providers presented below are regulated by many regulators around the world and operate according to the rules they’ve made to protect consumers in each region.
| Provider | Coverage | Fees | Exchange rate | Speed | Limits |
|---|---|---|---|---|---|
| Fifth Third Bank | Various currencies | $85 (International transfer in USD) $50 (International transfer in foreign currency) | Exchange rates include a markup | 1-5 business days | Not disclosed |
| Wise | 140+ countries, or 70+ currencies | Starting from 0.57% | Mid-market exchange rate | Instant – 6 days | 1,000,000 USD per local ACH transfer 6,000,000 USD per local wire transfer when paying from your USD balance 1,600,000 USD per international Swift transfer |
| Remitly | 70+ countries and 100+ currencies | Depends on the amount sent and speed of transfer | Exchange rates include a markup | Express payments can be instant, Economy payments can take several days | 25,000 USD |
| WorldRemit | 130+ countries | Varies by country & method | Exchange rates include a markup | Most transfers are instant, but some transfers may take longer depending on the receive method. | Varies based on the country you’re sending to and payment option |
| OFX | 50+ currencies to 170+ countries | No fee for USD transfers | Exchange rates include a markup | 1-3 business days | No limits |
| TorFX | 40 currencies and 12+0 countries | No fee | Exchange rates include a markup | Same day – 2 working days | No limits |
Information correct as of 28th February 2025
Wise
- Low, transparent fees starting from 0.57%
- Mid-market exchange rate with no markup
- 60%+ of transfers are instant, and 80%+ of transfers are delivered in less than an hour
Wise charges one small transparent fee for overseas payments. The total you pay varies depending on where you’re sending to, the currency and the amount.
However, the fee is available upfront, so you know exactly what you’ll pay before you hit ‘send’ and your money is converted using the mid-market rate.
Remitly
- Fees depend on how much you send and the speed of your transfer
- Markup added to the exchange rate
- Instant to 6-day transfers, depending on the method (Express or Economy)
Transfer fees at Remitly vary depending on whether you send in USD or the local currency. There’s also an Economy Fee, and a higher Express Fee for when you need your transfer to arrive more quickly. All fees are based on the amount you send.
WorldRemit
- Fees depend on the destination and transfer method
- Markup added to the exchange rate
- Multiple payout options, including bank deposit, cash pickup, and mobile wallets
For certain amounts, WorldRemit claims that on average, its international wire transfer fees are up to 46% cheaper compared to certain banks.
WorldRemit adds the fee to the total send amount, and depends on the country you’re transferring to, the country you’re in, and which method of transfer you choose. This means that if you want to send 1,000 USD, you will pay 1,002.99 USD.
OFX
- No transfer fees for USD payments
- Markup added to the exchange rate
- 1-3 business day processing time
OFX doesn’t charge a fee if you send money internationally, although a markup to the exchange rate is added to the currency conversion.
You can access the exchange rates on their website. To see the total cost of your wire transfer, you’ll need to open an account first. There are no upper limits, thus OFX can be a good option for large transfers.
TorFX
- No transfer fees
- Markup added to the exchange rate
- Same-day transfers available for some currencies
TorFX offers fee-free international money transfers⁹, instead they add a margin to the currency exchange. You can still end up paying less for your international transfer than with banks.
In order to get the total cost for your transfer, you need to apply for a quote or open an account to the live exchange rates.
How long does an international money transfer with Fifth Third Bank take?
Fifth Third Bank doesn’t offer specific timescales for overseas payments on its website. However, if the bank uses the SWIFT network for your payment, it’s likely to take anywhere between 1-5 business days.
Can the transfers be sped up?
Fifth Third doesn’t say on its website whether there is an express or urgent wire transfer service, although you can always contact the bank to find out.
Need a faster alternative?
Whether you have a payment deadline or want your transfer to reach the recipient within a number of days or even hours, you may want to have a look at alternatives to banks. Here’s an idea of transfer times at other providers:
- Wise – 60%+ of transfers are instant, and 80%+ of transfers are delivered in less than an hour
- TorFX – Same day up to 2 working days
- OFX – 1-3 working days
- Remitly – 3-5 working days (within minutes with Express debit card transfer)
- WorldRemit – Within minutes to up to 2 working days
Fifth Third Bank international transfer limits
Fifth Third Bank does not publicly disclose specific limits for international wire transfers. Transfer limits can vary based on factors such as account type, transfer destination, and individual customer profiles. For accurate information regarding transfer limits, account holders are advised to consult directly with Fifth Third Bank representatives.
Need to send a larger transfer?
If you need to send a high-value international transfer, whether for property purchases, business transactions, or investments, Fifth Third Bank’s limits may not meet your needs. Specialist money transfer providers often offer higher limits, better exchange rates, and lower fees than banks.
Below are some alternative providers that may be more cost-efficient if you need to send a high-value payment.
Wise
Wise supports up to $6,000,000 USD per local wire transfer and $1,600,000 USD per international SWIFT transfer.
Wise uses the mid-market exchange rate with no markup, and fees are shown upfront before you send your transfer.
For large money transfers, Wise offers automatic discounts when you convert between two currencies. If you send over £20,000 (or equivalent in USD) in a calendar month, you’ll automatically receive a discounted rate. Discounts apply when converting between two currencies, like USD to CAD.
These discounts start at 0.1% and the more you transfer, the higher the discount.
Here’s how much you could save with Wise large amount transfers:
| Transfer value (in GBP or equivalent currency) | Discount (%) |
|---|---|
| 0–20k | No discount |
| 20k–300k | 0.1 |
| 300k–500k | 0.15 |
| 500k–1m | 0.16 |
| 1m+ | 0.17 |
Information correct as of 28th February 2025.
Learn more on – Wise transfer limits
OFX
OFX has no maximum transfer limit, making it ideal for high-value transactions, like purchasing a property abroad or paying for tuition fees. It also doesn’t charge transfer fees for USD payments, which can help reduce costs for large international payments.
TorFX
Like OFX, TorFX has no upper limits when it comes to transfer amounts, making it a good choice for business transactions, investments and property purchases overseas. Customers are assigned a dedicated account manager for personalized assistance when moving substantial amounts of money.
Remitly
Remitly offers a maximum transfer limit of $25,000 USD per transaction alongside two delivery speed options (Express and Economy). Fees and exchange rates vary based on destination and payment method, so it’s worth checking Remitly’s calculator before sending a large transfer.
More information on – Remitly transfer limits
WorldRemit
WorldRemit adjusts limits based on the country, currency and payout methods.
Large amount transfers with Fifth Third Bank
Fifth Third Bank doesn’t publicly disclose its maximum transfer limits for international wire transfers. If you need to send a high-value transfer, you’ll first need to contact the bank directly to confirm the maximum amount allowed for your specific account and destination. Transfer limits may vary based on factors such as the currency, recipient country, and your account type.
How to send a high amount transfer with Fifth Third Bank
At this time, Fifth Third Bank only allows international wire transfers to be completed in person at a branch.
This means that if you are currently outside the US, you may not be able to complete a transfer unless you visit a branch in person.
To initiate a high-value international wire transfer you’ll need to:
- Gather your recipient’s details, including their full name, address, bank account number, and SWIFT/BIC code.
- Find your nearest Fifth Third Bank branch.
- Visit a Fifth Third branch in person and request an international wire transfer, where you’ll be guided through the process with a Fifth Third Bank representative.
Pros and cons of transferring money abroad with Fifth Third Bank
| Fifth Third Bank international transfer pros | Fifth Third Bank international transfer cons |
|---|---|
| ✅ Convenient if you’re already an Fifth Third Bank account holder ✅ Transfer fee is available upfront (though other fees may apply) ✅ Assistance available in-branch for setting up transfers ✅ A good option for those wanting to make cash transfers | ❌ High transfer fees ❌ Exchange rate includes a markup |
How to make an international transfer with Fifth Third Bank
The primary way to make an international wire transfer with Fifth Third is to visit a branch in person. Business customers can also make overseas payments via online banking where Fifth Third Bank will most likely provide wire instructions.
You may need to check with the bank whether it’s possible to arrange an international wire transfer by phone or online/mobile banking as a personal customer.
Alternatives to send an international wire transfer online
If you’re traveling, or would simply prefer to send an international wire transfer online, the following specialist providers give you the convenience to send money online from anywhere in the world.
- Wise: Send money to 140+ countries, or 70+ currencies with low fees starting from 0.57% and the mid-market exchange rate.
- OFX: Covers 50+ currencies in 170+ countries, no transfer fees on USD transactions, but applies a markup on the exchange rate.
- TorFX: Available in 40+ currencies and 120+ countries, no transfer fees, but exchange rates include a markup.
- Remitly: Operates in 70+ countries with 100+ currencies, offers a flat $1.99 fee (USD to EUR), and applies an exchange rate markup.
- WorldRemit: Supports 130+ countries, fees vary by destination and transfer method, and exchange rates include a markup.
What information do you need to make an international transfer with Fifth Third Bank?
Before you can send a wire transfer overseas, you’ll need to have certain details to hand. This includes the following:
- BIC/SWIFT code for the receiving bank
- IBAN (International Bank Account Number) or account number of the recipient
- Recipient’s full name
- Recipient’s address
- Recipient’s account number
- Recipient bank’s name and address.
- The transfer amount
Countries to send money with Fifth Third Bank
Fifth Third Bank provides international wire transfers to numerous countries, allowing customers to send funds in various foreign currencies. However, this list of countries currently isn’t disclosed on the Fifth Third Bank official website. For more information about specific destination countries and currencies, contact Fifth Third Bank directly or visit a local branch.
How to receive an international transfer with Fifth Third Bank
To receive international transfers into their accounts, Fifth Third Bank customers need to provide the correct banking details to the sender, including the routing number and SWIFT code.
Provide the following banking details to the sender:
- Your full name (as registered with Fifth Third Bank)
- Your Fifth Third Bank account number
- Fifth Third Bank’s routing number: 042000314
- Fifth Third Bank’s SWIFT code: FTBCUS3C
- Wire transfer address: 38 Fountain Square Plaza, Cincinnati, OH 45263
- Wire transfer phone number: 800-972-3030
Fifth Third bank international transfer receiving fees
| Incoming wire transfer fee | |
|---|---|
| Incoming wire | $15.00 |
Information correct as of 28th February 2025.
Fifth Third Bank SWIFT code for wire transfer
As we’ve already looked at, most international payments are sent via the SWIFT network. Each bank in the network has its own identifier code, known as its SWIFT code, that ensures funds make it to the right location and bank.
The SWIFT code for Fifth Third Bank (international wire transfers) is: FTBCUS3C.
Fifth Third Bank international routing number
| Routing number | 042000314 |
Information correct as of 28th February 2025.
Fifth Third Bank address to receive a wire transfer
| Bank | Address |
|---|---|
| Fifth Third Bank | 8 Fountain Square Plaza, Cincinnati OH 45263 |
Information correct as of 28th February 2025.
Fifth Third Bank international business payments
Fifth Third Bank also offers business checking accounts, and you can make international wire transfers with these too. The main accounts to choose from include the Standard, Premium and Elite business checking accounts.
Fifth Third Bank business transfer fees
The fees for business international transfers at Fifth Third are broadly the same as for personal customers, with the added benefit that you can also use online banking to set up your payments.
| Wire transfer | Fee | Coverage | Limit |
|---|---|---|---|
| Wire Incoming (Structured) | $15.50 per transfer | Not stated | Not stated |
| Wire Incoming (Non-Structured with Repairs) | $30.00 per transfer | Not stated | Not stated |
| Branch/Banker Domestic Wire Outbound (Non-Repetitive) | $45.00 per transfer | Not stated | Not stated |
| Online Outgoing Domestic USD Wire | $25.00 per transfer | Not stated | Not stated |
| Branch/Banker International Wire Outbound (USD) | $85.00 per transfer | Not stated | Not stated |
| Branch/Banker International Wire Outbound (Foreign Currency – FX) | $50.00 per transfer | Not stated | Not stated |
| Online Outgoing International USD Wire | $50.00 per transfer | Not stated | Not stated |
Information correct as of 28th February 2025.
The fees may vary depending on what country you’re sending to, the amount, currency and any other terms and conditions applied by the bank.
Fifth Third Bank contact information
Have a question? You can contact the bank via any of the following methods:
| Service | Contact method | Availability |
|---|---|---|
| Chat with us | Log in and select the chat icon (online & mobile app) | Available 24/7 |
| Outside the US | +1 513-579-5353 | N/A |
| International fraud support | +1 513-900-3080 | N/A |
| General customer support | 800-972-3030 | Mon.–Fri, 8 a.m.–6 p.m. ET Sat., 10 a.m.–4 p.m. ET Closed Sunday |
| Report a lost or stolen card | 800-782-0279 | Available 24/7 |
| Dispute a transaction | 877-833-6197 | Mon.–Fri, 7 a.m.–6 p.m. ET Sat., 10 a.m.–5 p.m. ET |
| Business banking | 866-531-4249 | Mon.–Fri, 7 a.m. – 10 p.m. ET Sat., 8:30 a.m.–5 p.m. ET |
Information correct as of 28th February 2025.
Fifth Third Bank customer service
Fifth Third Bank users have multiple customer service options for both personal and business banking, including phone, branch, online, and mobile support.
Phone support
- General assistance: 800-972-3030
- Availability: Mon.–Fri., 8 a.m.–6 p.m. ET | Sat., 10 a.m.–4 p.m. ET | Closed Sunday
- International support: +1 513-579-5353
- Business banking support: 866-531-4249 (Mon.–Fri., 7 a.m.–10 p.m. ET | Sat., 8:30 a.m.–5 p.m. ET)
- Report lost/stolen card: 800-782-0279 (Available 24/7)
- Dispute a transaction: 877-833-6197 (Mon.–Fri., 7 a.m.–6 p.m. ET | Sat., 10 a.m.–5 p.m. ET)
Online & mobile support
Message support (Live agents & virtual assistant)
- Available 24/7 through Fifth Third Bank’s website or mobile app
- Log in to online banking or the app and select the blue chat icon at the bottom of the screen
- Live agents are available:Mon.–Fri., 6 a.m.–9 p.m. ETSat. & Sun., 8:30 a.m.–5 p.m. ET
- After-hours chat requests will receive a response the next day
Fifth Third mobile app
- Tap “Ask Us” in the app for chat support
Online banking support
- Log into your account at 53.com and use the message feature for customer support
In-person assistance
Branch support
- Visit a Fifth Third Bank branch for face-to-face assistance with banking services, including wire transfers
- Use the branch locator on the website to find the nearest location
Conclusion: Is Fifth Third Bank right for you?
There’s no ‘one size fits all’ answer to this, as it all depends on your needs and circumstances.
However, international transfer fees at Fifth Third Bank can be quite high compared to other providers, and key information on exchange rates, transfer limits and timescales aren’t always easy to find. Plus, you may not be able to make certain transactions online, which can be inconvenient if you don’t live near a Fifth Third branch, are outside the US or simply prefer online banking.
But if you’re already a customer, it could be worth contacting Fifth Third Bank directly to check exchange rates and SWIFT fees. If the overall cost works out to be competitive with other transfer services, you might find it a more convenient option if you’re an existing account holder.
However, Fifth Third Bank isn’t the only way to send money internationally. Providers like Wise, OFX, and TorFX offer lower fees, better exchange rates, and online convenience, which could help you save time and money. There’s also more transparency regarding limits, high-value transfers and currency and country coverage so you know straight away if they’re the right provider for you.
Fifth Third international bank transfer FAQs
How do I transfer money from Fifth Third Bank into someone else’s account?
If you’re a personal customer, you may need to visit a Fifth Third branch to arrange a wire transfer. Business customers can set up transfers via online banking
How much does an international transfer cost with Fifth Third Bank?
It all depends on the destination, currency and amount, but fees for international wire transfers range from $45 to $85 USD at Fifth Third Bank.
How long does a Fifth Third Bank international money transfer take?
You’ll need to ask your local Fifth Third branch how long it takes for an international wire transfer to arrive, but it could take anywhere between 1 to 5 days if the payment is sent through the SWIFT network.
Can I transfer money to a card with Fifth Third Bank?
This doesn’t appear to be a service offered by Fifth Third Bank at present.
Does Fifth Third Bank have multi-currency accounts?
At present, Fifth Third Bank doesn’t appear to have any multi-currency accounts available, either to personal or business customers. However, they do offer multi-currency accounts to Commercial customers in over 15 currencies. If you need a multi-currency account, check a few options available from money transfer providers, such as Wise or OFX.
- Wise: Hold and manage 40+ currencies with mid-market exchange rates and local account details in 8+ currencies.
- OFX: Global Currency Account for businesses to hold, pay and receive funds in over 30 currencies and local bank details for 5 major currencies.
Can I open an account with Fifth Third Bank as a foreigner?
Fifth Third Bank requires you to have a US Social Security Number (SSN) in order to open an account, so it could be tricky to open an account as a foreigner. However, if you don’t have an SSN, you can make an appointment at the bank to discuss whether they will accept applications from non-residents.
